Lodify — Rent · Connect · Get it done
Financial Transparency

Official Platform Policy · Spec §19

Refund Policy

Last revised: 1 October 2026

Overview

Lodify maintains financial transparency for all payments, cancellations, and claims across Customers, Operators, and Fleet Owners.

01

Settlement & Refund Timeline: Approved customer refunds or wallet credits are processed back to the original source or platform wallet within 5 to 7 business days.

02

Cancellation Compensation: If a customer cancels after an operator is dispatched or on site, a tier-based cancellation fee is charged to compensate the fleet owner and operator for mobilization.

03

Breakdown Guarantee: Machine breakdown time is never billed to the customer, and operators and fleet owners are protected from negative rating impact when breakdown events are promptly logged.

04

Escrow & Claim Protection: Disputed billing amounts are held in escrow during active claims and released according to verified telemetry, PIN logs, and site supervisor reports.

Lodify Technologies Pvt. Ltd.

Baner, Pune, Maharashtra 411045, India · Enterprise Machine & Equipment Rental Platform

support@lodify.com·All rentals governed under §10 PIN verification handshake